LONDON--(BUSINESS WIRE)--The global workover rigs market is expected to post a CAGR of more than 5% during the period 2019-2023, according to the latest market research report by Technavio. Request a ...

HOUSTON--(BUSINESS WIRE)-- Ranger Energy Services, Inc. (RNGR) (“Ranger” or the “Company”) today announced the development of the industry’s first Hybrid Double Electric Workover Rig. This innovation ...

HOUSTON--(BUSINESS WIRE)--Leading provider of energy services, Expro (NYSE: XPRO), has successfully deployed its Octopoda TM annulus intervention system to restore annulus pressure integrity and ...

CALGARY, AB, Jan. 25, 2024 /PRNewswire/ - Petro-Victory Energy Corp. (VRY:CA) is pleased to announce the arrival of the SPT-129 workover rig from BRASERV PETRÓLEO LTDA ("Braserv") at the São João ...

Brazilian independent Petroreconcavo has acquired a third workover rig from National Oilwell Varco to operate on its mature fields in Bahia state. The company already owns two workover rigs. One ...

The company mobilized the SPT-129 workover rig with rig services provider Braserv Petroleo LTDA to the Sao Joao field. Calgary-based Petro-Victory Energy Corp. has mobilized a workover rig to the São ...

Ranger Energy Services, Inc. (NYSE: RNGR) reported a significant year-on-year increase in second quarter net income, fueled by solid operational performance across key business segments and the ...

Indonesian independent MedcoEnergi is moving a workover rig to its CBM-SE-02 well at the Sekayu coalbed methane (CBM) exploration project in South Sumatra, project partner CBM Asia Development has ...

As announced on January 17 th, 2024, the Company has contracted Braserv SPT-129 workover rig. The rig arrived on location ahead of schedule on January 24 th, 2024. As of December 31, 2022 effective ...